This is an image taken straight from the Meta Trader 4 platform. It depicts the "Heiken Ashi Smoothed" HAS indicator on top and the "MTF HAS Bar Lower A" and "MTF HAS Bar Lower B" at bottom.

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This of course depicts an upward trend. The two MTF HAS Bar indicators actually overlap each other enabling the wick color of the HAS indicator to be seen as a red dot in the middle of a blue square or a blue dot in the middle of a red square. The upper wick color always determines the color of the candlestick of the HAS indicator and the color of the MTF HAS Bars.

The outside color of the MTF HAS Bar is the same as the wick color. It should be pointed out that the HAS indicator not only shows the direction of the trend, blue for up and red for down but also shows the change in volatility. If you look closely to the wick and body of the HAS indicator you will notice that some candles have a different height and some wicks have a different wick height as well.

This is the nature of the Heiken Ashi Smoothed indicator as it will exhibit these traits based on how strong or weak the price movement is. The body of the candle is calculated from the open and the close price and the wick is calculated off of the high and the low of price. When the price moves strongly up or down the HAS candle will have a higher body.

Conversely, when price moves weakly the candle body will shorten. The has mtf hedge forex robot download height will also lengthen or shorten based on market volatility.

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The higher the wick and shorter the body the more likely to see a change in direction of the market. This chart shows what happens when the "Steinitz HAS MTF Robot" starts from the highest timeframe list of canadian forex brokers and scans one lower timeframe at a time until it comes to the first counter trend.

In this example if found the weekly timeframe as our first counter trend. As soon as the Robot finds a counter trend as indicated by a red bar the program goes into "alert" status and waits for the first opportunity to enter the market immediately after a blue bar is formed. It is a fact that most all traders get into the market AFTER they see the price moving the direction of the position they wish to trade. What invariable happens is they buy high and sell low.

Since we how to trade on forex pdf able to get in before the majority of the market stock broker vancouver bc we can be first to buy low and sell high! This statement alone is by far the most powerful tool that you the trader can posses.

I cannot over emphasize hedge fund administration market share how important this concept is to your bottom line and success rate!

Here is another example of an image taken straight from the Meta Trader 4 platform. This time the monthly trend is down.

This chart shows what happens when the Steinitz HAS MTF Robot starts from the highest timeframe monthly and scans one lower timeframe at a time until it comes to the first counter trend.

As soon as the Robot finds a counter trend as indicated by a blue bar the program goes into "alert" status and waits for the first opportunity to enter the market immediately after a red bar is formed. Notice how the HAS candles tend to shorten as they signal a potential change in trend.

Once again we have instructed the Robot to start here as our highest timeframe and enter only on long positions when those opportunities present themselves. Once again we have instructed the Robot to start here as our highest timeframe and enter only on short positions when those opportunities present themselves.

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